Fraud

What is fraud

Fraud involves deliberate deception for gain, and is a civil wrong as well as being a criminal offense. As well as leading to a criminal conviction, the defrauded person or organization can also sue the fraudster to recover their losses. We handle all kinds of fraud. However, our most frequent instructions come from those listed below.

Money Laundering

Money laundering involves pushing the profits of crime or corruption into legitimate assets to make money ‘clean’. You may have unknowingly accepted the proceeds of crime for payment and are now suffering the consequences, or have lost out to a money laundering scheme. We have experience of even the most complex money laundering cases and can help you today. We act for those who are victims of money laundering and also those facing civil money laundering claims.

Mortgage Fraud

Mortgage fraud concerns providing false information to lenders to procure a mortgage, or larger mortgage, than the fraudster would be granted had the lender known the true circumstances. This may also involve the transfer of money by professionals in relation to a mortgage attained fraudulently. We regularly represent lenders, mortgage brokers, solicitors, accountants and individuals who have lost out as a result of mortgage fraud.

VAT Carousel Fraud

Carousel fraud or missing trader fraud involved the movement of goods between businesses and even jurisdictions to avoid or claim back VAT. VAT carousel fraud is taken very seriously by HMRC with investigation becoming increasingly common. If you are suspected of involvement in a VAT avoidance scheme through carousel fraud, or have unknowingly been involved in a carousel fraud and lost out significantly, we can help.

Proceeds of Crime Act (POCA)

POCA gives courts wide-ranging powers to confiscate assets that are believed to be the from the proceeds of crime. The courts can make assumptions about how assets have been obtained, and assets that have been alleged to be from criminal conduct can be confiscated.

Fraudulent trading

Often, fraudulent trading cases will involve businesses which have become insolvent. If you are a creditor that has lost out financially as a result of a business that has ceased trading or gone into liquidation with unpaid debts, we can help.

False accounting

In addition to being a serious crime, false accounting can also cause significant loss to those involved in a commercial relationship with fraudsters. If you have lost money as a result of fraudulent trading, we can help. There are a series of measures we can take to prevent, mitigate and reclaim your losses.

Bitcoin, Digital Currency or Cryptocurrency Fraud

Digital or cryptocurrency is an evolving technology, but are an entirely legitimate source of funds. The first digital currency was bitcoin, and it is becoming increasingly popular. As bitcoin is unregulated, there are some scams that you may have been the victim of under the head of bitcoin fraud. Scamconsulting SCC is expert in Bitcoin and cryptocurrency tracking , and fully understand all of the means used by fraudsters. We can assist you in reclaiming any loss as a result of bitcoin or any cryptocurrency fraud.

Binary trading

Binary trading fraud normally occurs in a similar way to share fraud scams whereby the fraud is carried out through cold-calling. Many of these scam businesses can seem very legitimate, with websites and sophisticated trading platforms set up, allowing you to see your alleged ‘profits’. However, individual investors have lost upwards of 1million $ in these scams, and if you have lost out, it is essential to act quickly to recover your losses.

Shares / Investment Fraud

Typically, share and investment fraud occur in “boiler rooms” called as such because they create a high-pressure sales environment. Such scams are often very sophisticated with those carrying out the fraud getting to know their client’s affairs before attempting to carry out the fraud. If you have lost out to a boiler room shares or investment scheme, it is crucial to act quickly to mitigate your loss and have the best chance of recovery.

Contact Scamconsulting, speed is of the essence. We have a proven record of recovering assets from scammers across the world, even in cases in which the company which carried out the scam is insolvent. Our international litigation expertise and ability to act fast are crucial strengths in maximizing the possibility of a successful outcome, minimizing the loss if possible and obtaining speedy restitution.